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Tuesday, September 13, 2011

Some Agencies Earn 'Profit' From Contract Fees

In a Government Accountability Office report, four of six governmentwide acquisition contracts netted 'excess revenue' for the agencies that run the vehicles in each of the last four years. GSA's schedules programs earned an extra $62 million a year, while Interior and NASA earned an extra $4.7 million and $1.7 million annually, respectively.  

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